NDF has launched two new structured products offering a degree of capital protection on investors' capital.
The NDF Recovery Growth Plan 2 is a five-year product linked to the returns of the FTSE100 index. Investors get 100 per cent of their capital back unless the index falls by more than 50 per cent over the lifetime of the investment and fails to recover. If the index rises, investors are exposed to unlimited upside.
Also this week, NDF has launched its Higher Income & Growth Plan 2. The product offers investors two options – either an annual income of 9 per cent a year or 50 per cent growth at the end of the five-year period.
The plan's returns are linked to the top 10 largest company's in the FTSE100 index, with all initial capital and income guaranteed unless any of the stocks end the five years more than 20 per cent lower than they began.
Both plans qualify for Isa and Pep investment, and pay commission of 3 per cent to IFAs.